Hong Kong
Hong Kong's startup growth hit by weak Greater Bay Area links
Hong Kong's startup growth hit by weak Greater Bay Area links
Homegrown firms have trouble accessing new markets which could open the doors for talent and suppliers.
Coworking operator UCommune eyes Hong Kong IPO to outbid US rival
It’s also planning to raise around US$200m in its series D round.
Hong Kong mid-year population up 0.8% to 7.45 million
Birth numbers (55,000) outweighed mortality rates (47,300).
Hong Kong is more liveable than Singapore
The SAR is at 35th place whilst the Lion City is at 37th.
Hong Kong is the fifth most preferred place for Australian expats
There are around 35,000 Australian expats in the SAR.
Waiting time for public housing hits 18-year high
It takes residents five years and three months to be allocated a flat.
Tight squeeze: Demand for nano flats doubles in first eight months of 2018
Units no larger than 300 sqft compose 12.4% total apartment sales in the city.
Developers deploy discounts to offset mortgage rate hikes
Sun Hung Kai Properties rolled out 16% on its Park Yoho property.
Hong Kong-New Zealand tax treaty protocol kicks into effect
It implements the automatic exchange of information in tax matters on a bilateral basis.
Life annuity scheme subscription hits $4.94b out of $10b limit
Average subscription amount was at $525,000.
Bank of East Asia unveils centralised e-payment platform for merchants
BEA’s ‘i-Payment hub’ can process different payment types in a single device.
GDP growth slows to 3.5% in Q2 as trade war eats into exports
Around $136b of total exports stand at risk.
Two more Chinese firms jump in on biotech listing fever
Kintor and Frontier are amongst those eyeing floats.
Sought-after bank relationship managers demand 30% wage hike
The Greater Bay Area project has fuelled demand for such candidates.
Developers bear the fallout of crippling vacancy tax
Swire Properties could incur extra costs after a possible misstep.
Exports grind to a halt at 0.7% growth in June
The fall comes from a 12.9% expansion in May.
Homeowners to feel pinch as banks hike mortgage rates
BOC (Hong Kong), HSBC and Hang Seng Bank raised rates by 10bp.
Commentary
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AI drug discovery, GLP-1, and the next wave of Hong Kong biotech listings
Capital repatriation isn't a retreat — it’s Hong Kong’s regulatory graduation
Hong Kong should build the Asia–Latin America investment corridor